Ashurst has operated a remote Luxembourg desk since 2011 Ashurst

Ashurst has operated a remote Luxembourg desk since 2011 Ashurst

The firm has operated a remote Luxembourg desk since 2011 through which it has advised on acquisitions, restructuring and financing.

“Growing our offering and building on the proven track record of our established Luxembourg desk is an exciting prospect and one which will greatly enhance our client service offering,” managing partner Paul Jenkins said in a press release published on Friday.

Ashurst said it had received approval from the Luxembourg bar association to open the office, for which Isabelle Lentz will be managing partner.

“Over recent years, Luxembourg has secured its status as a key financial centre and as one of the frontrunners of preferred EU locations for transfer of business related to Brexit, that is only set to increase. I am really looking forward to capitalising on this by developing our presence in Luxembourg and enhancing our capability,” Lentz said in the press release.